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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
TechVirtual Reality

6 Things You Need to Know About Gear 360, Samsung’s New VR Camera

By
Don Reisinger
Don Reisinger
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By
Don Reisinger
Don Reisinger
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March 20, 2016, 9:00 AM ET
Samsung's Gear 360 Camera
Photo: Courtesy of Samsung

What: A dual-lens camera capable of capturing 30-megapixel photos or high-resolution video in 360 degrees.

Tunnel vision: It’s intended to work with Samsung’s Galaxy smartphones and its Gear VR virtual-reality headset.

Seeing is believing: The Gear 360 stitches together 180-degree images from its fish-eye lenses to create virtual environments.

For more on Samsung, watch this Fortune video:

Feast for the eyes: With dust- and splash-resistance, the Gear 360 can be used to monitor progress at a construction site or show prospective patrons what it’s like to dine outside at a restaurant. Indoors, it can be used to showcase a newly renovated hotel room.

Seeing eye to eye: The technology has support from Facebook (FB), whose Oculus VR unit powers Samsung’s virtual-reality headset. Says Facebook CEO Mark Zuckerberg: “Over the last year we’ve been working to make Facebook the best platform for 360-degree videos.”

Samsung's Gear 360 Camera
Samsung’s Gear 360 CameraPhoto: Courtesy of Samsung

Outta sight: Market researcher TrendForce estimates that the virtual-reality market could be worth $70 billion by 2020.

A version of this article appears in the March 15, 2016 issue of Fortune with the headline “Double Vision.”

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